CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the person who has been included recently as the member of the Advisory Council to the 15th Finance Commission headed by N.K. Singh.
A
Arvind Panagariya
B
Amit Mitra
C
Abhijit Banerjee
D
Krishnamurthy Subramanian
Explanation: 

Detailed explanation-1: -Nand Kishore Singh was appointed as the commission’s chairman, with its full-time members being Shaktikanta Das and Anoop Singh and its part-time members being Ramesh Chand and Ashok Lahiri. The commission held its first meeting on 2017-12-04.

Detailed explanation-2: -The Fifteenth Finance Commission was constituted in November 2017. The commission’s chairman is N. K. Singh, with its full-time members being Shaktikanta Das and Anoop Singh. In addition, the commission also has two part-time members in Ramesh Chand and Ashok Lahiri.

Detailed explanation-3: -The most recent Finance Commission was constituted in 2017 and is chaired by N. K. Singh, a former member of the Planning Commission.

Detailed explanation-4: -The 15th Finance Commission recommendations will cover a period of five years from 2021-22 to 2025-26 and is headed by NK Singh, a senior member of the BJP. The commission was set up to recommend the devolution of taxes and other fiscal matters for five fiscal years commencing 1 April 2020.

Detailed explanation-5: -The 15th Finance Commission was constituted by the President of India in November 2017, under the chairmanship of NK Singh. Its recommendations will cover a period of five years from the year 2021-22 to 2025-26.

There is 1 question to complete.